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Hey Nerds: Blockchain

The odds of a rate hike in December have fallen to 0%, down from 15% yesterday and 30% one-month ago. January odds have dropped to 5% today, down from 23% yesterday and 30% one-month ago.
The odds of a rate cut in March have risen to 28%, up from 11% yesterday and 17% one-month ago.
 
of course, feds look like geniuses if inflation gets completely tamed and the economy still ends up going gangbusters.
 
Same. I hope the DEA never announces shit. It has made for fucking amazing trading opportunities. It's a simple game.
 
I think they’ll be a reckoning for those that have smartly shorted every MSOS rip for the past 4 yrs. Epic short squeeze to take out the complacent shorts. Not smart enough to know when… just hope to have some skin in the game when that day comes
 
CH1 said:
I think they’ll be a reckoning for those that have smartly shorted every MSOS rip for the past 4 yrs. Epic short squeeze to take out the complacent shorts. Not smart enough to know when… just hope to have some skin in the game when that day comes
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Definitely not fully priced in, yeah. One of the risks is always how the broader market looks but if it's as healthy as it looks right now, it could be epic yeah and unreasonably euphoric to the point of mass overvaluation (that's the dream, after all). I've held a core since the original news was released and traded around it fairly aggressively as we went from maybe 25% priced in to not priced in at all multiple times. Shorts are brave as shit here.

But after the dust settles it becomes tricky because once it's all priced in shorts are likely to eventually succeed again and there's no looming "news" to give the bulls the downside protection that they currently have. I'm fearlessly buying every dip right now because I know they can't drive it down too much, especially with a robust broader market.

If anything there's likely bad news and several delays ahead. The amount of red tape involved after the DEA does its thing is being underestimated I think
 
the other thing there is pretty good variance about how the tax status will affect earnings....at some point these pot companies are going to have dirt cheap p/e ratios
 
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